Bloom store in Accokeek, Maryland. Bloom was a chain of mid-grade North American grocery stores operated by Food Lion, originally established in 2004. The parent company of Food Lion, The Delhaize Group, announced in January 2012 that it was discontinuing the Bloom brand.
That gives you the answer-the world's average salary is $1,480 (Â£928) a month, which is just less than $18,000 (Â£11,291) a year. But these dollars are not normal US dollars. The economists use specially adjusted exchange rates-the average salary is calculated in Purchasing Power Parity (PPP) dollars.
The World Bank has attempted to accumulate statistics for the average salary in the Philippines. If we take the World Bankâs 2013 population of 97 million divided by a gross domestic product (GDP) of $250 billion, then we reach an average salary of $2577.32 per year.